Page 33 - PalmasDelMar_Development

PALMAS

DEL MAR

SAN JUAN
Located 35 miles north of Palmas del Mar, the San
Juan Metropolitan Statistical Area (the “MSA”) is
the largest metropolitan area in Puerto Rico, based
on total population, and San Juan is the largest city
on the island. San Juan is a major port and tourist
resort of the West Indies and is the oldest city under
the U.S. flag. San Juan is strategically situated on
the north coast of Puerto Rico along the Atlantic
Ocean. This location provides for a thriving port with
easy access to the United States’ eastern seaboard
and all the Caribbean islands. San Juan’s port is the
center of Caribbean shipping and 10th largest in the
western hemisphere. San Juan is also the largest
cruise port in the world. Over 25 cruise vessels use
San Juan as their origin or final destination and bring
over a million tourists to the area every year.

POPULATION
The estimated 2010 population of the greater San
Juan MSA is approximately 2.6 million people mak-
ing it the 46th-largest city under the jurisdiction of
the United States.

The San Juan MSA is one of the most densely popu-
lated areas in the world with the central city having
a density of over 9,300 people per square mile,
ranking it eighth among all U.S. cities.
The San Juan population is well educated with over
80% of the adult population (age 25+) having a
high school degree or higher. In addition, nearly
56% of college age students attend an institution
of higher learning—one of the highest rates in the
world. Like many other metropolitan areas, the San
Juan economy is transitioning slowly from a largely
manufacturing driven base to a more diversified mix
of service and manufacturing industries.

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